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Market Conditions in Incline Village : Real Estate Advice

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  • Local Info2
  • Home Buying25
  • Home Selling4
  • Market Conditions4

Activity 5
Wed Oct 30, 2013
InsideIncline Team answered:
The median price for single-family homes in Incline Village and Crystal Bay from 2008 to the present time is as follows:

2008 $1,120,000

2009 $1,000,000

2010 $839,000

2011 $771,000

2012 $744,900

2013 $998,000

It is important to keep in mind that in a high-end vacation resort market such as Incline Village that the median price is only one of many statistics that provides an indication of prices in our market. In 2013 the median price is up significantly when compared with 2012, but the median size of a home being purchased this year is 10% larger than last year.


Since our community is comprised of custom homes and there are an enormous variety of floor plans, lot sizes, slopes, differences in the view ( one house could have an incredible Lakeview and down the street a house with a similar square footage might look only at the trees) that it's important to do a very careful comparable market analysis to determine the approximate fair market value of any particular property.

Don Kanare
RE/MAX Premier Properties
775-828-3380 (office) 775-745-5820 (cell) 775-833-3665 (Fax)
E-mail: Don@InsideIncline.com
Web Site: http://www.InsideIncline.com
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Mon Sep 10, 2012
Bruce & Sandy Soli answered:
Will do. We are about due for an awesome Mammoth Ski Trip! Look us up too when you make it back to Tahoe! Best...Team Soli
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Mon Sep 20, 2010
Lexi Cerretti asked:
We've seen double the number of new escrows in the past month, some higher end cash sales (5 lakefronts over $8M so far in 2010), but many under $600K. I'm not sure we will see…
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Thu Aug 16, 2007
Sara answered:
I think the real estate market is changing and there is a shift from quantity to quality. I read a really interesting blog posting on some of the future changes that will be shaping the real estate market. ... more
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Wed Aug 8, 2007
Lexi Cerretti answered:
For new construction (since 2000) homes, I ran a search of all active listings in April, and came up with an avgg cost per square foot of $659. It may cost $350 a square foot to the builder, but prices to the owner or buyer are much higher. Some of the best deals on the market are listed for $500 per square foot- that is a good value in Incline Village! And homes are selling around 95% of asking, in most cases.

Active Listings- New Construction April 2007
List Price Sq Ft $/Sq Ft
$1,350,000 1954 $691
$1,695,000 3176 $534
$2,075,000 3577 $580
$2,195,000 3596 $610
$2,495,000 3625 $688
$2,150,000 3923 $548
$2,595,000 3924 $661
$3,299,000 4063 $812
$2,795,000 4208 $664
$2,495,000 4235 $589
$2,300,000 4314 $533
$3,750,000 5030 $746
$3,500,000 5069 $690
$3,600,000 5739 $627
$3,200,000 6484 $494
$5,950,000 6529 $911
$2,650,000 6795 $390
$4,900,000 6877 $713
$5,295,000 7019 $754
$5,495,000 7100 $774
$6,545,000 7800 $839

Avg list price Avg sf Avg $sf
$3,349,000 5002 $659
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